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1 (5 points) Listen A $2000 bond paying a 6% coupon rate was redeemable on May 1, 2025. What was its purchase price, on July

1 (5 points) Listen A $2000 bond paying a 6% coupon rate was redeemable on May 1, 2025. What was its purchase price, on July 23, 2016, when the yield rate was 8% compounded semi- annually? Paragraph B I U Purchase Date: = Redemption Date: Interest Date immediately BEFORE purchase date: Interest Date immediately AFTER purchase date: PMT Setting N I/Y P/Y C/Y PV PMT FV 11

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